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IndyMac Bank Sold to Group of Investors

The symbol of the housing boom and bust, Pasadena based IndyMac Bank that was seized in July by the federal government, has been sold to a group of seven investors for $13.9 billion. "We have assembled a group of experienced private investors in financial services to acquire the former IndyMac and operate it under new management with extensive banking experience," Steven Mnuchin, the leader of the holding company that bought the bank, said in a statement. "We will inject significant private capital into IndyMac so that it can once again effectively serve its customers and communities."
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Cruise off the highway and hit locally-known spots for some tasty bites.
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Fentanyl and other drugs fuel record deaths among people experiencing homelessness in L.A. County. From 2019 to 2021, deaths jumped 70% to more than 2,200 in a single year.
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This fungi isn’t a “fun guy.” Here’s what to do if you spot or suspect mold in your home.
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Donald Trump was a fading TV presence when the WGA strike put a dent in network schedules.
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Edward Bronstein died in March 2020 while officers were forcibly taking a blood sample after his detention.
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A hike can be a beautiful backdrop as you build your connection with someone.